SOURCE: Corum Group Ltd

Corum Group Ltd.

SOURCE: Naurtech


October 08, 2014 09:12 ET

Corum Client Naurtech, Enterprise Connectivity Solution Provider, Acquired by LANDESK

Naurtech, Developer of Connectivity Solutions for Mobile Access to Enterprise Data and Applications, Has Been Acquired by LANDESK

SEATTLE, WA--(Marketwired - October 08, 2014) - Leading software M&A advisory firm Corum Group announced today the acquisition of its client Naurtech by LANDESK. Naurtech develops connectivity solutions to provide mobile access to enterprise data and applications using Windows CE platform devices.

"[Naurtech founders] Pankaj [Nauriyal] and Tom [Wissler] have built a remarkably efficient, well-run company," said Corum Senior Vice President Rob Schram, who led the deal. "We are thrilled to have been a part of bringing them together with a partner who is so clearly a good fit for their technology and customers."

"We appreciate Corum's perseverance and advice in the process of bringing this acquisition about," said Nauriyal. "We have long admired the service that LANDESK offers its customers and we are honored to be joining forces with them."

Naurtech, based near Seattle in Issaquah, Washington, currently offers the only SAP-recommended mobile browser in the market, making it the preferred solution for organizations looking to improve user productivity for line of business applications built on the SAP platform. The company's solutions are used in thousands of deployments in market segments such as retail, manufacturing, distribution, consumer packaged goods and logistics.

"We have been impressed with the product offerings Naurtech has developed," said Steve Bemis, vice president, mobile productivity business unit for LANDESK. "Naurtech brings complementary expertise that will strengthen support for our mobile operating systems and provide support for additional ruggedized devices. We are thrilled to bring Naurtech into the LANDESK family."

Naurtech product offerings will continue to be maintained separately, and LANDESK plans to continue extending Naurtech's product offerings with additional mobile platform support, and to leverage Naurtech capabilities in other LANDESK products.

About Corum

Corum Group is the global leader in merger and acquisition services, specializing in serving sellers of software and information technology companies worldwide. With offices globally, Corum has completed over US $7 billion in software M&A transactions over the last 30 years, spanning six continents. Corum also educates the industry with its popular conferences and publishes the most widely distributed software M&A research. Corum's M&A advisors are highly experienced former tech CEOs, who are supported by the industry's leading researchers, writers and valuators. Corum also does much to educate the industry with its conferences and webinars and the industry's most widely distributed software and IT M&A research.

About Naurtech

Naurtech, a LANDESK company, develops connectivity solutions to provide mobile access to enterprise data and applications using Windows CE platform devices. Founded in 2001, Naurtech's products marry the power of device local processing available on handheld computers with the efficiencies of thin client computing to help customers implement their wireless mobility solutions. As an innovative market leader, Naurtech's customers rely on its technology to address their unique needs in implementation of their auto-ID data collection (AIDC) solutions. With several hundred thousand client deployments worldwide and growing, Naurtech's terminal emulation and web browser products are used in mobile solutions across market segments like retail, manufacturing, distribution, consumer packaged goods and logistics.

About LANDESK Software

LANDESK, the global authority on user-oriented IT, enables users to be their most productive while helping IT embrace the speed of change. Through the integration and automation of IT systems management, endpoint security management, service management, IT asset management, and mobile device management, LANDESK empowers IT to balance rapidly evolving user requirements with the need to secure critical assets and data. LANDESK is headquartered in Salt Lake City, Utah, with offices located across the globe.

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